NVIDIA and Hon Hai Technology Group, otherwise known as Foxconn, jointly announced plans develop a new class of data centers and systems designed to “accelerate the AI revolution.”
NVIDIA and Hon Hai Technology Group, otherwise known as Foxconn, jointly announced plans develop a new class of data centers and systems designed to “accelerate the AI revolution.” It’s the latest strategic move by NVIDIA to capitalize on the burgeoning market for AI hardware and applications, where the firm has positioned itself as a leader with key investments.There was a time when NVIDIA could be considered primarily a gaming GPU company. While gaming GPUs are still an important foundational piece to NVIDIA’s bottom line, the bulk of its revenue now comes from the data center. In fact, NVIDIA’s most recent earnings report highlighted a massive 171% year-over-year and 141% sequential growth in data center revenue, to more than $10.3 billion. Meanwhile, its gaming GPUs pulled in around $2.5 billion last quarter—impressive but a distant second to the data center.NVIDIA’s expanded partnership with Foxconn is fairly widespread.
